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so i don't think exxon and chevron are out there saying let's hold back refinery capacity and run the price of gasoline up. reality is supplies are tight, refinery capacity is tight. there's been no investment in refinery since the '70s in this country. we need to have more refinery capacity so we can take hiccups like california and keep in stride. reality is pipelines go down, refineries have issues, they go into maintenance mode and we have no overhead in this country. that's not going to be fixed today. >> that's a great point on refineries. these refineries are about 40 years old. john, oil prices going up or down in the next weeks or months? >> down. particularly the slowdown we're seeing in china, the warning from the world bank this morning highlights that. there is more production of that coming online. those prices will get pressured lower, down towards $80, if not $75 a barrel. >> thank you both. learned a lot. >>> america tossing a trade aga grenade against china. that's ahead. >>> nearly every pair of glasses or sunglasses on earth was made by just one company. will you n
so i don't think exxon and chevron are out there saying let's hold back refinery capacity and run the price of gasoline up. reality is supplies are tight, refinery capacity is tight. there's been no investment in refinery since the '70s in this country. we need to have more refinery capacity so we can take hiccups like california and keep in stride. reality is pipelines go down, refineries have issues, they go into maintenance mode and we have no overhead in this country. that's not going to be...
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Oct 8, 2012
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reporter: the sharp rise was blamed on the supply squeeze that began after a fire shut down part of a chevron refinery in august. then a power failure knocked out an exxon refinery last week. with both refineries now back in operation, wholesale prices on the stock market have already started going down. when wholesale prices go up, the price at the pump seems to rise immediately. but when wholesale prices drop, there's usually a lag at the pump. so california drivers are likely to be paying near record high prices for a few days yet. for "cbs this morning," john blackstone. >>> an outbreak of rare fungal meningitis has spread to nine states. 71 patients have died out of 91 reported cases of the it is. all the cases are contributed to a steroid distributed by a massachusetts pharmacy. it is now recalling all of its products as a precaution. dr. william schaffner joins us now. good morning. >> good morning, charlie. >> what's at issue here? what do we mean by compounding pharmacies? >> compounding pharmacy takes medication. it's not one of the major pharmaceutical manufacturers. but it takes m
reporter: the sharp rise was blamed on the supply squeeze that began after a fire shut down part of a chevron refinery in august. then a power failure knocked out an exxon refinery last week. with both refineries now back in operation, wholesale prices on the stock market have already started going down. when wholesale prices go up, the price at the pump seems to rise immediately. but when wholesale prices drop, there's usually a lag at the pump. so california drivers are likely to be paying...
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Oct 8, 2012
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one reason, we saw the refinery fire at the chevron refinery in richmond. that was in august. there was another refinery problem, a power failure shut down a refinery at the exxonmobil refinery in torrance in southern california and they didn't resume production until this last friday. bob redell, "today in the bay." >>> we're talking just a slight chance of showers. >> yeah. i think we're going to see some. i bet my bottom dollar on it. good morning to you. that's how i make my living. i'll show you exactly when coming up but she has a good point. we're not going to see a good lot of it and we're only expecting one certain part of the bay area to get hit. i want to start with this live picture. clear skies overnight making for a very cold morning. we're close to the upper 30s up in santa rosa. beautiful sunrise from san bruno. now we're getting that gorgeous sunrise here in san jose. so grab your jacket as jacket weather ha returned. you can see a little light activity in san francisco as we speak. we'll get more throughout the day today. if you live south of san mateo, even
one reason, we saw the refinery fire at the chevron refinery in richmond. that was in august. there was another refinery problem, a power failure shut down a refinery at the exxonmobil refinery in torrance in southern california and they didn't resume production until this last friday. bob redell, "today in the bay." >>> we're talking just a slight chance of showers. >> yeah. i think we're going to see some. i bet my bottom dollar on it. good morning to you. that's how...
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a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get additional barrels into this market in a hurry. >> so if we bring in this -- if we allow for different blends how much could the price come down. is this marginal improvement. are we still looking at relative highs given the season? >> no. this should be a significant improvement. the market was off on toward of 45 or 50 cents on friday. the governor's announcement will take another 45 or 50 cents out of it. indeed the market that was up about $1.16 from the time things got started until it peaked last thursday. so another 50 cents is going to come out of the market in the next day or so. >> nothing to shake a stick at, i guess. is there any danger in this kind of precedent or is this done all the time. once you start missing with the seasonal guid
a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get additional barrels into this market in a hurry. >> so if we bring in this -- if we allow for different blends how much could the price come down. is this marginal improvement. are we still looking at...
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their respective lipper c
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than...
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Oct 8, 2012
10/12
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WBAL
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chevron and j.p. morgan chase also reporting their results. mixed close on friday. an early thrill about a lower than expected unemployment rate wore off as the day went on. and the bloomberg maryland index went out slightly lower. jane king, bloomberg news for wbal-tv 11 news. >> 6:19, 41 at the airport. probably the busiest day in baltimore sports history. one team squeaks out a win. how the ravens avoided a loss in kansas city. >> but not so lucky. keith mills explains the rare mistake from buck. next in sports. >>> good morning, a look at your morning commute. the major roadways are going well. we had an accident on abbeyton. clear. up to speed on the north side. problems with jfx into town. 57 on average on the west side past i-70 if you want to travel on the outer loop. 66 past the glen bernie area. 50 running smoothly to and from the bay bridge at this hour. live view of the traffic. ellicott city, in great shape at this hour, picking up a little bit more in the southbound direction. give you a look at 795 southbound going away from us on franklin boulevard.
chevron and j.p. morgan chase also reporting their results. mixed close on friday. an early thrill about a lower than expected unemployment rate wore off as the day went on. and the bloomberg maryland index went out slightly lower. jane king, bloomberg news for wbal-tv 11 news. >> 6:19, 41 at the airport. probably the busiest day in baltimore sports history. one team squeaks out a win. how the ravens avoided a loss in kansas city. >> but not so lucky. keith mills explains the rare...
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Oct 8, 2012
10/12
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MSNBCW
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. >>> coming up next, more with our roundtable. chuck todd will go inside the numbers looking at enthusiasm in the electorate. [ male announcer ] you're not the
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their...
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Oct 7, 2012
10/12
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KQED
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one is the chevron refinery that's 1 out of 8 gallons of fuel in the state of california. that's out of service for many months to come there was a major pipeline that chevron owns and operates that has been shut down since the middle of september, out of service, denies amount of crude oil, cutting down on supply. there was a fire in southern california at an exxon refinery, not a fire, but a power loss, and the power loss put it down for two days and only now is it beginning to get back on line. there's planned maintenance, shutdowns that are coming so you can switch over to this fuel that is, the winter blend of fuel as opposed to the summer blends. and when you actually start doing that, there's a further ghin wags until you get that up to speed. and finally, you have an improving economy where hopefully more people use more fuel and so the speculators are bidding up the price. all of that is. coing to this kind of armageddon, if you just lose a few percent of fuel here in the state of california, prices spike out of sight. >> belva: well, the governor, as dan already
one is the chevron refinery that's 1 out of 8 gallons of fuel in the state of california. that's out of service for many months to come there was a major pipeline that chevron owns and operates that has been shut down since the middle of september, out of service, denies amount of crude oil, cutting down on supply. there was a fire in southern california at an exxon refinery, not a fire, but a power loss, and the power loss put it down for two days and only now is it beginning to get back on...
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Oct 7, 2012
10/12
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k). tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) tdd#: 1-800-345-2550 into the 21st century. tdd#: 1-800-345-2550 rollover your old 401(k) tdd#: 1-800-345-2550 to a schwab ira tdd#: 1-800-345-2550 and you can receive up to $600. tdd#: 1-800-345-2550 see schwab.com tdd#: 1-800-345-2550 for terms and conditions. nation's best political debate coach. he prepped george w. bush in 2004. john mccain in 2008. and, michelle bachmann and mitt romney in this campaign, we asked brett o'donnell to join us, to tell us you how the candidates need to recalibrate for the next debate. what happened to president obama? why did he do so poorly? obviously you were not in the ro
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k). tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) tdd#: 1-800-345-2550 into...
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Oct 7, 2012
10/12
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MSNBC
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. ♪ [ female announcer ] life is full of little tests, but bounty basic can handle them. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life. bring it with affordably priced bounty basic. [ male announcer ] from our nation's networks... ♪ ...to our city streets... ♪ ...to skies around the world... ♪ ...northrop grumman's security solutions are invisibly at work, protecting people's lives... [ soldier ] move out! [ male announcer ] ...without their even knowing it. that's the value of performance. northrop grumman. >>> excuse me, governor. >>> excuse me, groovernor, mr. president? >> what's up? >> mr. president, governor romney has just said that he killed osama bin laden. would you care to respond? >>
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. ♪ [ female announcer ] life is full of little tests, but bounty basic can handle them. in this lab demo, bounty basic is stronger than the leading bargain brand....
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Oct 7, 2012
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KPIX
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> schieffer: when i was asked to moderate this year's final debate, someone asked me if i thought the debates were still important. well, of course i do, but
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. [ male announcer ] how do you...
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Oct 7, 2012
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FOXNEWSW
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we saw a chevron pipeline that pumps crude oil from southern to northern california, shut down. and then there is the issue of cleaner-burning fuel in california. basically, it can't use fuel from other states. so it is in essence, an independent market, a very volatile and fragile one. so refineries have stopped producing a lot of gas because they're are switching over to the winter blend. there are a lot of things that are unique to california. it used to be said that if come sneezes, the rest of the nation catches a cold. right now, i don't think that's going to happen. california sneezes and that cold is held right within that -- the left coast right there. >> jamie: what's the answer to it? >> a lot of it is the -- no refinery has been built in california since 1980. and so have you crude oil and prices have been going up. then have you refineries, they are the middle men to the gas stations. if there are not enough refineries, it is going on build the price up and bring the price up. that's part of what is happening. but we have had the temporary shortages and a hiewmg pro
we saw a chevron pipeline that pumps crude oil from southern to northern california, shut down. and then there is the issue of cleaner-burning fuel in california. basically, it can't use fuel from other states. so it is in essence, an independent market, a very volatile and fragile one. so refineries have stopped producing a lot of gas because they're are switching over to the winter blend. there are a lot of things that are unique to california. it used to be said that if come sneezes, the...
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we'veit's something you're long teborn with. we've got to think long term. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology. we believe in the power of people when technology works for you. to dream. to create. to work. if you're going to do something. make it matter. >>> back now with the roundtable. george will is off, but we are joined by peggy noonan of "the wall street journal." nobel prize-winning economist paul krugman of "the new york times," jon karl of abc news and my favorite married couple, james carville and mary matalin. the debate right now, you could not have been tougher on president obama's performance in your column yesterday. >> yeah, i thought the president barely showed. i thought "the new yorker" covered the now famous "new yorker" cover in which they had a candidate romney at a podium looking at the empty chair where mr. obama would have b
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we'veit's something you're long teborn with. we've got to think long term. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology. we believe in the power of people when technology works for you. to dream. to create. to work. if you're going to do something. make it matter. >>>...
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Oct 7, 2012
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KPIX
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at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we test-drove the camry, took it on the freeway, and it was just like -- this was the car for me. [ ryan ] it has stuff that guys like, like the rims and the sleekness to the body. and, then, had the bluetooth and the navigation that diana really wanted. [ diana ] and it was an se, so it felt really grounded to the ground. [ man ] grounded to the ground? yes, yes! grounded to the ground. [ male announcer ] see their story and more at the camry effect. camry. from toyota. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >> osgood: winslow homer's worka class of i
at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we test-drove the camry, took it on the freeway, and it was just like -- this was the car for me. [ ryan ] it has stuff that guys like, like the rims and the sleekness to the body. and, then, had the bluetooth and the navigation that diana really wanted. [ diana ] and it was an se, so it felt really grounded to the ground. [ man ] grounded to the ground? yes, yes! grounded...
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Oct 6, 2012
10/12
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KNTV
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. >> chevron's facility is still down from august. suffering through some torrent power interruptions. refinery production is taking a big drop. >> reporter: on thursday, valero announced it was suspending spot sales of gasoline, though it will continue to supply its own stations. while customers brace for the long holiday weekend, it could bring more big jumps at the pump. >>> now let's get a check of this morning's other top stories. >> chris jansing is at the news desk for us this morning. >> good morning, lester and gener jenna. good morning, everyone. a radical muslim will face charges in the united states. they arrived in new york and connecticut early this morning. at least two of the suspects are due in new haven federal court today. they face a variety of charges stretching back several years. >>> the fbi says a preliminary investigation has found friendly fire is likely to blame for the death this week of a border patrol agent along the arizona-mexico border. agent nicolas ivey and two others were responding to an alarm trig
. >> chevron's facility is still down from august. suffering through some torrent power interruptions. refinery production is taking a big drop. >> reporter: on thursday, valero announced it was suspending spot sales of gasoline, though it will continue to supply its own stations. while customers brace for the long holiday weekend, it could bring more big jumps at the pump. >>> now let's get a check of this morning's other top stories. >> chris jansing is at the news...
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Oct 5, 2012
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FOXNEWS
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in northern california, for example, the chevron refinery had a fire there in late august. that shut that down for several weeks. it's still shut down. and here in southern california because of a power outage, one of the refineries was shut down here. we had a heat wave on monday that shut that refinery down. in addition to that because of california regulations, these suppliers are trying to ship from the summer blend to the winter blend. they can't do that until october 31st, so we have diminishing supplies, and that's why we're seeing prices skyrocket until they can unleash those supplies of winter fuel, it looks like we could be dealing with these prices in the near future. jenna: it can't come fast enough, bob. thank you so much. jon: time now in america's election headquarters for our weekly look at the presidential race. so who won a very big week? let's ask ed rollins, he has a lot of experience managing republican campaigns going back to ronald reagan's, even going back to richard nixon in many 1972. he is a fox news contributor. we should point out at the outset,
in northern california, for example, the chevron refinery had a fire there in late august. that shut that down for several weeks. it's still shut down. and here in southern california because of a power outage, one of the refineries was shut down here. we had a heat wave on monday that shut that refinery down. in addition to that because of california regulations, these suppliers are trying to ship from the summer blend to the winter blend. they can't do that until october 31st, so we have...
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the chevron is producing at reduced capacity. and a pipeline that moves crude oil was shutdown. >> if you look at the erption of the gas companies, they are -- earnings of the gas companies, they are always stellar. analysts say california gasoline inventories are at the lowest level in ten years. there are strict pollution limits. it's higher in los angeles, where some stations have passed a $5 mark. a few station owners have shutdown the pumps, rather than charging the higher price to break even. >>> this time you could use help. track the latest gas prices, finds the cheapest ones on our website, ktvu.com, look for the business tab at the top of the front page and click consumer news. >>> earlier this morning, the labor department announced unemployment rate fell shapely in september. the jobless rate is now 7-point 8%. that's down 3/10th from august the lowest level since january, 2009. separate labor department report shows 873,000 people, found new jobs last month. we will bring you more on the numbers from our washington d
the chevron is producing at reduced capacity. and a pipeline that moves crude oil was shutdown. >> if you look at the erption of the gas companies, they are -- earnings of the gas companies, they are always stellar. analysts say california gasoline inventories are at the lowest level in ten years. there are strict pollution limits. it's higher in los angeles, where some stations have passed a $5 mark. a few station owners have shutdown the pumps, rather than charging the higher price to...
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Oct 5, 2012
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chevron pipeline that moves crude oil to northern california was also recently shut down. >> we all know california pays more for fuel than any other state. we keep looking at the national average and then we come back to california. we have all the different regulations in california we have to pay for and the recent accident in richmond. of course they will get their money back out. >> reporter: analysts say gasoline is at the low nest ten years. what doesn't help is the states strict pro lug restrictions that require cleaner burning gasoline. while prices in the bay area are high, it's still higher in los angeles where some gas stations have passed the $5 mark. a few station owners have shut down their pumps rather than charging the higher price to customers just to break even. reporting live janine de la vega. >>> time is 6:39. sal busy weekend. we haven't mentioned the cal- ucla game. >> that is right. stanford, arizona and palo alto. there is a lot of stuff going on. >> plenty to do. >> tori campbell says she is keeping track of the justin bieber concert. >> i'm a good parent i'm m
chevron pipeline that moves crude oil to northern california was also recently shut down. >> we all know california pays more for fuel than any other state. we keep looking at the national average and then we come back to california. we have all the different regulations in california we have to pay for and the recent accident in richmond. of course they will get their money back out. >> reporter: analysts say gasoline is at the low nest ten years. what doesn't help is the states...
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Oct 5, 2012
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KNTV
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the chevron refinery require is also a contributing factor. all of this is hitting bay area drivers hard and taking many of them by surprise. >> i actually never knew the prices were this high. i haven't got gas in about a week or so, so i was pretty shocked. it's pretty crazy. >> reporter: in southern california the gas shortage forced some costco gas stations and a few others to actually shut down. as for if there will be any relief at the pump any time soon, analysts are predicting that prices will continue to rise in the coming week. one analyst said if there are any more problems, you can expect them to stay the same or possibly go higher. >> time to car pool. >> you got that right. break out the bike. >>> 6 c:11. the question is are we healing or reeling from the recession? the numbers from the latest jobs report just ahead. >> reporter: and i'm casey pratt in detroit with the a's. now, the a's lost the season series against the tigers, but i'll tell you who the key matchup will be for oakland in this playoff series. >>> inspecting plane
the chevron refinery require is also a contributing factor. all of this is hitting bay area drivers hard and taking many of them by surprise. >> i actually never knew the prices were this high. i haven't got gas in about a week or so, so i was pretty shocked. it's pretty crazy. >> reporter: in southern california the gas shortage forced some costco gas stations and a few others to actually shut down. as for if there will be any relief at the pump any time soon, analysts are...
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california might be running short on gas these days continuing with problems from the chevron refinery and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a gallon in many places. they're calling it a perfect storm. refinery -- california refines its own special gasoline. you've got these refinery problems, you mentioned and issues are happening at the same time that the state is transitioning over to mandated winter blends and the result is record-high prices and that also means some stations are running out of fuel because they don't have it. they are shutting down and it's concentrated in southern california. costco tells us 16 of its gas stations have had to close for now. that's 40% of the stores stores have in southern california including in the san fer
california might be running short on gas these days continuing with problems from the chevron refinery and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a...
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the chevron refinery fire in richmond is producing at a reduced capacity a chevron pipeline that moves crude oil from northern california was recently shut down. >> over the last week or so there has been a couple other problems. i think the most serious one was the one at the exxon mobile refinery that seemed to be sort of the straw that broke the camels back. and that is when prices jump took off. >> reporter: analysts say california's gas is at the lowest level in ten years. what doesn't help is the states strict pollution. while prices here in the bay area are high it's even higher in los angeles with some stations have actually passed the $5 mark. a few of the station owners have actually shut down the pumps rather than charging the higher price to break even. reporting live in san jose janine de la vega ktvu channel 2 news. >>> in election news this morning republican presidential nominee mitt romney is talking about his controversial comments on the 47%. >> i was completely wrong. and i believe however that my life has shown that i care about it 100%. >> video surfaced of romney
the chevron refinery fire in richmond is producing at a reduced capacity a chevron pipeline that moves crude oil from northern california was recently shut down. >> over the last week or so there has been a couple other problems. i think the most serious one was the one at the exxon mobile refinery that seemed to be sort of the straw that broke the camels back. and that is when prices jump took off. >> reporter: analysts say california's gas is at the lowest level in ten years. what...
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ays do g chevron with techron. care for your car. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> american airlines expecting more delays across the country the next few days. this morning we are learning one of those flights is out of sfo. the airline has already cancelled dozens of flights as it's scrambling to fix seats in its boeing 757. the airline it is announcing every seat on every 757 will be in secure place when it finally reaches its destination today. earlier this week we told you about how some of those seats had actually come loose during flight. not that it's going to make any passengers feel any better but the pilot seats also having problems. it actually happened on a flight last night. one of the pilot seats came loose on a flight to philadelphia. delayed about 90 minutes as the airline tried to fix the pilot's seat issue. american airlines has already cancelled 44 flights to
ays do g chevron with techron. care for your car. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> american airlines expecting more delays across the country the next few days. this morning we are learning one of those flights is out of sfo. the airline has already cancelled dozens of flights as it's scrambling to fix seats in its boeing 757. the airline it is...
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richmond residents looking for some action against chevron oil and this refinery. activists will rally demanding some immediate safety improvements. meantime, richmond city council passing a resolution just last week demanding chevron update all its equipment. it also wants the company to increase its financial support and hiring in that community. just back in august, one of the refinery's pipelines ruptured, releasing all that large vapor and a cloud of smoke. it ignited a big-time fire, releasing toxic fumes throughout the area. hot the last couple of days. christina is here with the forecast. >> it is the hottest stretch of the year so far. i don't think we're going to get any hotter. we're in october and we should be dropping off. fall has arrived. it's going to start to feel like fall as of this weekend. temperatures today will stay kind of warm. 95 in fairfield. 82 in oakland. you'll still touch on the 80s in san francisco for the last day. that fog will roll back in between the hours of 5:00 p.m. and midnight. oh, yeah, it's going to get thick out there. as
richmond residents looking for some action against chevron oil and this refinery. activists will rally demanding some immediate safety improvements. meantime, richmond city council passing a resolution just last week demanding chevron update all its equipment. it also wants the company to increase its financial support and hiring in that community. just back in august, one of the refinery's pipelines ruptured, releasing all that large vapor and a cloud of smoke. it ignited a big-time fire,...
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. >>> occupy protesters say they are gonna march to chevron's refinery in richmond. coming up at 7:45, what they will demand after that huge refinery fire back in august. >>> and today is national walk and roll to school day. you may notice more students walking and riding bikes to call -- school. students and parents plan to take part in the event. the goal, to reduce pollution and promote healthy habits. >>> sal, you are watching the toll plaza. >> that's right. let's go outside and take a look at what we have right now. you will see the traffic continues to be relatively slow, i would say, it's backed up for a 30-minute delay before you make it on the span itself. if you are driving on the -- the approach to 80 is slow. 880 is not bad. we've been talking about this all morning since we started at 4:30, there is a very important as game at the coliseum. it starts at 12:45. it should be over at 4:00. that means there will be a tough commute right here on the nimitz freeway. and if you are driving further south on 8 0, it will be slower. then a -- 880, it will be slo
. >>> occupy protesters say they are gonna march to chevron's refinery in richmond. coming up at 7:45, what they will demand after that huge refinery fire back in august. >>> and today is national walk and roll to school day. you may notice more students walking and riding bikes to call -- school. students and parents plan to take part in the event. the goal, to reduce pollution and promote healthy habits. >>> sal, you are watching the toll plaza. >> that's...
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chevron officials were not at last night's meeting. they expect more heat today from when occupy protesters plan to gather at 3:00 at the richmond bart station they will rally in washington park 4:30 then to the refind at 5:00. >>> apple's iphone 5 out -- michigan company tested three dozen cell phones for toxic chemicals including lead, mercury hazardous flame retardants and others iphone 5 finished fifth, samsung galaxy s3 finished 9th. we have links to the study on abc7news.com. >>> oracle's ceo ellison says he plans to turn hawaiian island he bought recently into an eco lab. he wants to experiment with more environmentally ways to live on lanai. he would like to see more electric cars on the island. he wants to increase fruit exports to japan and other markets. ellison bought a lot of lanai in june from billionaire david murdoch. the idea of more electric cars to get rid of regular cars. i think a lot of people don't want cars there, period. >> very true. >> next, how amtrak hopes to get you onboard by slashing fares. >> race again
chevron officials were not at last night's meeting. they expect more heat today from when occupy protesters plan to gather at 3:00 at the richmond bart station they will rally in washington park 4:30 then to the refind at 5:00. >>> apple's iphone 5 out -- michigan company tested three dozen cell phones for toxic chemicals including lead, mercury hazardous flame retardants and others iphone 5 finished fifth, samsung galaxy s3 finished 9th. we have links to the study on abc7news.com....
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that's on top of keep in mind the soaring prices we have seen since the chevron refinery fire on august 6. lisa is looking that this for us tonight and live with some surprising answers as to why. >>reporter: that is very true. i am here in palo alto tonight where at this pacific gas station the price for regular gas shot up 24 cents since yesterday. and it will only get worse. gas prices shot up today. and according to petroleum analyst gas buddy.com the spike is california specific. they blame low fuel production on august she have respect refinery fire in richmond, high pressure in toerns power surge at exxon mobile and maintenance on crude oil pipe in southern california >> all of these refinery issues coming together at the same time l essentially the perfect storm if you will. >>reporter: pricey storm gas buddy.com says is driving up wholesale gas prices for retailers. who are then raising prices at the pump. >> there is not a shortage per se. there is more a perception of shortages. ds price and oil forecaster insist the reason for the current gas price surge are false. >> everyb
that's on top of keep in mind the soaring prices we have seen since the chevron refinery fire on august 6. lisa is looking that this for us tonight and live with some surprising answers as to why. >>reporter: that is very true. i am here in palo alto tonight where at this pacific gas station the price for regular gas shot up 24 cents since yesterday. and it will only get worse. gas prices shot up today. and according to petroleum analyst gas buddy.com the spike is california specific....
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." >> that 2011 alec conference, lo and behold, was sponsored by bp, exxon mobil, chevron, and shell, among others. another of its events featured guns. >> and this is the nra sponsored shooting event for legislators and for lobbyists -- free. >> there was even one offering free cigars. >> sponsored by reynolds american which is one of the biggest tobacco companies in the world and the cigar association of america. >> it sounds like lobbying. it looks like lobbying. it smells like lobbying. but alec says it's not lobbying. in fact, alec operates not as a lobby group, but as a non-profit, a charity. in its filing with the irs, alec says its mission is education which means it pays no taxes and its corporate members get a tax write-off. its legislators get a lot too. >> in wisconsin, i can't take anything of value from a lobbyist. i can't take a cup of coffee from a lobbyist. at alec, it's just the opposite. you know, you get there and you're being wined and dined by corporate interests, i can go down there, and be wined and dined for days in order to hear about their special legislatio
." >> that 2011 alec conference, lo and behold, was sponsored by bp, exxon mobil, chevron, and shell, among others. another of its events featured guns. >> and this is the nra sponsored shooting event for legislators and for lobbyists -- free. >> there was even one offering free cigars. >> sponsored by reynolds american which is one of the biggest tobacco companies in the world and the cigar association of america. >> it sounds like lobbying. it looks like...
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that's on top of keep in mind the soaring prices we have seen since the chevron refinery fire on august 6. lisa is looking that this for us tonight and live with some surprising answers as to why. >>reporter: that is very true. i am here in palo alto tonight where at this pacific gas station the price for regular gas shot up 24 cents since yesterday. and it will only get worse. gas prices shot up today. and according to petroleum analyst gas buddy.com the spike is california specific. they blame low fuel production on august she have respect refinery fire in richmond, high pressure in toerns power surge at exxon mobile and maintenance on crude oil pipe in southern california >> all of these refinery issues coming together at the same time l essentially the perfect storm if you will. >>reporter: pricey storm gas buddy.com says is driving up wholesale gas prices for retailers. who are then raising prices at the pump. >> there is not a shortage per se. there is more a perception of shortages. >>reporter: it was price and oil forecaster insist the reason for the current gas price surge are
that's on top of keep in mind the soaring prices we have seen since the chevron refinery fire on august 6. lisa is looking that this for us tonight and live with some surprising answers as to why. >>reporter: that is very true. i am here in palo alto tonight where at this pacific gas station the price for regular gas shot up 24 cents since yesterday. and it will only get worse. gas prices shot up today. and according to petroleum analyst gas buddy.com the spike is california specific....
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. >>> chevron said it filed suit in superior court yesterday. earlier this year a county appeals board rejected chevron's appeal of the 2007- 2009 property tax bill and it ordered the company to pay $27 million more in taxes. a chevron spokesperson tells ktvu the company is currently in mediation over a tax assessment going back to 2004 and is hopeful for a fair settlement. >>> a while fire in mendecino county has burned through five structures. it's called the flim fire. it started yesterday afternoon and has burned through 300 acres. firefighters say most of the land is commercial timber property. but about 20 structures are in potential danger. now we just checked for the latest information from calfire, the agency says this fire is 25% contained. >>> investigators are still in the scene of a fire that destroyed three homes. the fire started about 5:00 last night near highway 116 and highway 101. near cotati. the fire left several people homeless including a couple that was supposed to get married this weekend. investigators are still trying
. >>> chevron said it filed suit in superior court yesterday. earlier this year a county appeals board rejected chevron's appeal of the 2007- 2009 property tax bill and it ordered the company to pay $27 million more in taxes. a chevron spokesperson tells ktvu the company is currently in mediation over a tax assessment going back to 2004 and is hopeful for a fair settlement. >>> a while fire in mendecino county has burned through five structures. it's called the flim fire. it...
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alg chevron with techron. care for your car. most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ too bad the guys aren't here we're clear. ok, swarm! swarm! hello [ female announcer ] pillsbury chocolate chip cookies. let the making begin >>> 6:44. answering to charges. today a court appearance for the man accused of attacking a young girl inside an elementary school bathroom and dragging her off of campus. police say 25-year-old bradley mrozek walked into the parkside elementary school campus in san mateo and grabbed a young student from the bathroom. she managed to fight her way free and she ran to tell school administrators. sense the attack, parksi
alg chevron with techron. care for your car. most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon...
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the council is also expected to urge chevron to invest in research and office space in richmond's marina bay district. >>> an east bay fire district is hiring a federal grant of $8 million enabling the east contra costa fire district to rehire laid-off firefighters and even add more staff. the district plans to fill 15 firefighting positions it eliminated over the summer and will hire a dozen more. the fire chief is searching for qualified applicants and three fire stations that had to close will now get to reopen. >>> police in hong kong say six crewmembers from two boats are being detained after a collision that killed 37 people. a ferry collided last night with a boat taking utility company workers and their families to victoria harbor for a fireworks show. more than 100 people were sent to hospitals. the accident happened last night near lama island off the southwestern coast of hong kong. >>> new video has surfaced showing missing american journalist austin ties surrounded by anonymous captors but the brief clip shed little light on his whereabouts or condition. the freelance writer
the council is also expected to urge chevron to invest in research and office space in richmond's marina bay district. >>> an east bay fire district is hiring a federal grant of $8 million enabling the east contra costa fire district to rehire laid-off firefighters and even add more staff. the district plans to fill 15 firefighting positions it eliminated over the summer and will hire a dozen more. the fire chief is searching for qualified applicants and three fire stations that had to...
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the city wants chevron to help create a research campus at the marina bay. city council believes this could be a green tech center. >> i mean, chevron has sort of acknowledged that -- in a number of ways that -- that they want to increase their presence in richmond. >> the city council is expected to make their request tomorrow. chevron has said it is not in a position to make any long-term investment decision until a plan to modernize it is successfully submitted. >>> pg&e crews want to warn people of possible odors say near highway 280 and edgewood road. and this is part of the pipeline safety program. depending upon where you are, you may smell natural gas while pga vents. >>> oracle openworld's 2012 conference is happening and yesterday, larry ellison debuted new pro ducks during his speech. he will be speaking again tomorrow. they are expecting 50,000 people at the moscone center through thursday. the area around howard street may be blocked off for you drivers. so expect delays. >>> good advice for people heading in the city. >> see how people are copi
the city wants chevron to help create a research campus at the marina bay. city council believes this could be a green tech center. >> i mean, chevron has sort of acknowledged that -- in a number of ways that -- that they want to increase their presence in richmond. >> the city council is expected to make their request tomorrow. chevron has said it is not in a position to make any long-term investment decision until a plan to modernize it is successfully submitted. >>>...